Best Long Term Stocks ASX: 3 Companies to Watch

Looking for the best long term stocks ASX investors can research? ResMed, REA Group and TechnologyOne have reported revenue growth, recurring income or strategic business developments that make them worth watching for their long-term growth potential.

Top 3 Best Long Term Stocks ASX to Watch

1. ResMed Inc. (ASX: RMD)

ResMed Inc. (ASX: RMD) reported revenue of US$5.65 billion for FY26, in its annual report published on 14 August 2026. Gross profit increased by 13% to US$3.45 billion, while net profit after tax (NPAT) reached US$1.52 billion, reflecting continued demand for its sleep and breathing health products.

The sleep and breathing health segment remained its primary growth driver, generating US$4.98 billion in revenue. This included US$2.89 billion from device sales and US$2.09 billion from masks and accessories.

ResMed has a market capitalisation of approximately $48.3 billion and paid an unfranked dividend of 6.5 cents per share on 24 September.

During FY26, the company acquired Noctrix Health to expand into restless legs syndrome treatment. It also agreed to sell MatrixCare for US$490 million, allowing it to sharpen its focus on sleep and breathing healthcare.

With US$1.5 billion in cash and cash equivalents at year-end, ResMed is one of the best long term stocks ASX investors may want to watch for its established healthcare business and continued product demand.

2. REA Group Ltd (ASX: REA)

REA Group Ltd (ASX: REA) announced on 29 September 2026 that it had entered into an agreement to acquire a 35% non-controlling minority interest in Distilled Limited, a digital marketplace operator across multiple verticals in Ireland and Northern Ireland.

The transaction involves approximately $409 million in share consideration, funded through debt and existing cash resources.

REA Group also reported strong FY26 results for the year ended June 2026. Revenue increased by 13% to $1.8 billion, while EBITDA excluding associates reached approximately $1.09 billion. Reported net profit was $552 million.

During the year, the company completed an on-market share buy-back of $200 million, purchasing 1.25 million shares.

With a market capitalisation of approximately $21.12 billion, REA Group also paid a fully franked final dividend of $1.73 per share on 11 September.

Its revenue growth, digital marketplace operations and planned international expansion make REA Group a company to monitor when researching long-term growth stocks on the ASX.

3. TechnologyOne Limited (ASX: TNE)

TechnologyOne Limited (ASX: TNE) published its first-half FY26 results on 19 May 2026, reporting annual recurring revenue (ARR) growth of 17% compared with the prior corresponding period, reaching $598 million.

SaaS and recurring revenue increased from $265 million in 1H FY25 to $299.2 million in 1H FY26. Profit before tax rose by 9% to $89.1 million, while NPAT reached $66.8 million.

The company invested $84.1 million in research and development during 1H FY26, equivalent to approximately 26% of revenue.

TechnologyOne has a market capitalisation of approximately $10.44 billion and paid a partially franked interim dividend of 8 cents per share in June 2026.

Looking ahead, the company remained on track to deliver EBITDA growth of 18–20% and ARR growth of 16–18% for FY26.

Its recurring revenue growth, SaaS business and continued investment in research and development make TechnologyOne another company to watch for investors researching the best long term stocks ASX.

Source: Company announcements.

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